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Kevin Wade on Tax Reform

 


Tax code adds 12.5 percent to the cost of everything

Wade said the tax code needs an overhaul. The federal tax code adds 12.5 percent to the cost of everything manufactured in the United States, Wade said. He called the code a toy box for special interests. "There is no confidence in the leadership of this nation," he said.
Source: Cape Gazette on 2012 Delaware Senate debate , Oct 19, 2012

We're passing on a lifetime of cruel punitive taxation

I'll be there standing with them... Where Mom's and Dad's want to pass on a life of American opportunity for their children and not allow Washington to pass on a lifetime sentence of foreign debt, endless toil and cruel punitive taxation.
Source: 2012 Senate campaign website, wadeforussenate.com , May 29, 2012

Supports the Taxpayer Protection Pledge.

Wade signed the Taxpayer Protection Pledge against raising taxes

[The ATR, Americans for Tax Reform, run by conservative lobbyist Grover Norquist, ask legislators to sign the Taxpayer Protection Pledge in each election cycle. Their self-description:]

In the Taxpayer Protection Pledge, candidates and incumbents solemnly bind themselves to oppose any and all tax increases. Since its rollout in 1986, the pledge has become de rigeur for Republicans seeking office, and is a necessity for Democrats running in Republican districts. Today the Taxpayer Protection Pledge is offered to every candidate for state office and to all incumbents. More than 1,100 state officeholders, from state representative to governor, have signed the Pledge.

The Taxpayer Protection Pledge: "I pledge to the taxpayers of my district and to the American people that I will: ONE, oppose any and all efforts to increase the marginal income tax rate for individuals and business; and TWO, oppose any net reduction or elimination of deductions and credits, unless matched dollar for dollar by further reducing tax rates."

Opponents' Opinion (from wikipedia.com):In Nov. 2011, Sen. Harry Reid (D-NV) claimed that Congressional Republicans "are being led like puppets by Grover Norquist. They're giving speeches that we should compromise on our deficit, but never do they compromise on Grover Norquist. He is their leader." Since Norquist's pledge binds signatories to opposing deficit reduction agreements that include any element of increased tax revenue, some Republican deficit hawks now retired from office have stated that Norquist has become an obstacle to deficit reduction. Former Republican Senator Alan Simpson, co-chairman of the National Commission on Fiscal Responsibility and Reform, has been particularly critical, describing Norquist's position as "no taxes, under any situation, even if your country goes to hell."

Source: Taxpayer Protection Pledge 12-ATR on Jan 1, 2012

Opposes increasing tax rates.

Wade opposes the CC Voters Guide question on tax rates

Christian Coalition publishes a number of special voter educational materials including the Christian Coalition Voter Guides, which provide voters with critical information about where candidates stand on important faith and family issues. The Christian Coalition Voters Guide summarizes candidate stances on the following topic: "Increasing federal income tax rates"

Source: Christian Coalition Voter Guide 12-CC-q11a on Oct 31, 2012

Supports eliminating the inheritance tax.

Wade supports the CC Voters Guide question on the inheritance tax

Christian Coalition publishes a number of special voter educational materials including the Christian Coalition Voter Guides, which provide voters with critical information about where candidates stand on important faith and family issues. The Christian Coalition Voters Guide summarizes candidate stances on the following topic: "Permanent elimination of the "Death Tax""

Source: Christian Coalition Voter Guide 12-CC-q11b on Oct 31, 2012

Other candidates on Tax Reform: Kevin Wade on other issues:
DE Gubernatorial:
Jack Markell
DE Senatorial:
Chris Coons
Christine O`Donnell
Tom Carper

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SD:Johnson(D)
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Retired as of Jan. 2013:
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MT:Baucus(D)
MT:Walsh(D)
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AL: Sessions(R,unopposed)
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RI: Reed(D) vs.Zaccaria(R)
SC-2: Scott(R) vs.Dickerson(D) vs.Wade(D)
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Page last updated: Aug 16, 2014